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Memphis.dev

Tech Company Financing Transactions

Memphis.dev Funding Round

Memphis.dev, based in Tel Aviv, secured $5.5 million from Angular Ventures, Boldstart Ventures and private investors.

Transaction Overview

Company Name

Memphis.dev

Announced On

6/29/2023

Transaction Type

Venture Equity

Amount

$5,500,000

Round

Seed

Investors

Angular Ventures (Lead Investor)

Boldstart Ventures (Lead Investor)

private investors (David Mytton)

private investors (Fred Simon)

private investors (Guy Podjarny)

private investors (Jim Rose)

private investors (Martin Brodbeck)

Proceeds Purpose

The company is focused on product evolution with a roadmap including support for GitOps, automation enablement, and reconstructing select APIs so they can be modular and open, enabling the community to self-implement new ones as they are developed. Additional focus areas include multi-tenancy, partitions, and read-replicas.

Company Information

Company Status

Private & Independent

Industry

Artificial Intelligence

Mailing Address

Ha Rakevet 58
Tel Aviv, Undisclosed
IL

Phone

Undisclosed

Website

www.memphis.dev

Email Address

[email protected]

Overview

Memphis is a next-generation alternative to traditional message brokers. A simple, robust, and durable cloud-native message broker wrapped with an entire ecosystem that enables cost-effective, fast, and reliable development of modern queue-based use cases. Memphis enables the building of modern queue-based applications that require large volumes of streamed and enriched data, modern protocols, zero ops, rapid development, extreme cost reduction, and a significantly lower amount of dev time for data-oriented developers and data engineers.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Technical Officer

Martin Brodbeck

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